Canada's Skypower May Exit Mp Solar Project

Canada-based solar power developer SkyPower Global, which won contracts
to set up plants of 150 MW in Madhya Pradesh last July, is looking to offload
equity in the project and may subsequently exit, industry executives and
analysts said

The company has approached at least two leading Indian renewable energy
developers, seeking investment in the
project. SkyPower Global's Mauritian arm, SkyPower South East Asia Holding Ltd,
won contracts to set up three solar plants in MP of 50 MW. 5.05, each at
tariffs of 5.30 per kwH. 5. Hand ' in July 2015. In a year of tumbling solar
prices, the tariffs still made a splash as they were record lows at the time.